Skip to content Skip to search
My Norwich

Annual Report 2020/21 for tenants

Value for money

Affordable homes

Living in a council property is considerably cheaper than renting privately, as shown below.

Size of property council home: average weekly rent private sector home: average weekly rent
1 bed £68 £142
2 bed £73 £170
3 bed £82 £190
4 bed £84 £337*

Source: Office for National Statistics
*average figure for properties with 4 bed-rooms or more.

Expenditure in 2020/21 financial year

The Housing Revenue Account (HRA) records expenditure and income on running the council’s housing stock and closely related services or facilities, which are provided for the benefit of council tenants.

Expenditure Amount (£)
planned upgrades and improvements  £14.8m
housing management £11.7m
repairs and maintenance £7.7m
empty property works £2.3m
estate management £2.1m
Sheltered housing £700,000
amount spent on caretaker services £500,000

 

Pie chart showing housing service expenditure - breakdown of how money is spent (as shown in tabe above)

Housing service expenditure

The majority of money is spent on planned upgrades and improvements to council homes, managing our housing stock and repairs and maintenance. 

The Housing Revenue Account surplus for the year increased to £25.4m, compared to a surplus of £7.7m in the previous year.  This is because of an increase in the value of the council’s housing stock.

Interest charged on borrowing on the Housing Revenue Account was £7.26m.  

Norwich City Council senior management grades 2020-2021

  • Chief executive: £126,181 - £137,651
  • Director: £74, 203 - £84, 804